Enron Europe assets up for bid online

By Alorie Gilbert
Staff Writer, CNET News

More than $21 million worth of assets from Enron Europe, a subsidiary of the bankrupt U.S. energy company, will go on the auction block next week in a three-day worldwide live auction and Webcast. The Webcast will allow buyers to place bids over the Internet and compete directly with bidders at the company's London headquarters.

The auction will be the largest ever held in the United Kingdom, according to Bache Treharne, the company running the onsite auction. DoveBid, an online auction company for industrial assets, will conduct the Web auction. Up for bid are thousands of flat-screen monitors and personal computers, hundreds of servers, plasma screens, networking equipment and luxury office furniture. Bidding begins each day at 5:00 a.m. Eastern Standard Time, starting Feb. 27.

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